Grid funds flow to speculators, Jesse Peltan argues

Grid funds flow to speculators, Jesse Peltan argues
Grid capital diverted to speculators

Jesse Peltan raises concerns about how capital intended for new grid capacity is being diverted to speculators, leading to generational wealth rather than infrastructure investment.

He questions the current allocation system, criticizing the use of non-market methods such as 'dibs' and calling it an irrational way to manage grid capacity.

Peltan has previously voiced unconventional positions on finance. In a prior statement, he indicated a willingness to take on unlimited 0% interest debt for any duration, including terms as long as a million years. His recent comments come as debate grows over grid management practices.

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